Puerto Vallarta News

Puerto Vallarta News

Shoes In Mexico Are About to Get More Expensive

Mexico's government said it will impose a tariff of up to 30 percent on footwear imports, part of a package of measures to combat what it says is unfair competition in that sector.

During the Leather and Footwear Fair in the central city of Leon, Mexican Finance Secretary Luis Videgaray said all footwear imports will be hit with a tariff equivalent to between 25 percent and 30 percent of their declared customs value.

The package of measures nullifies a decree that had established a program of phased tariff reductions.

In recent years, Mexico has carried out an "indiscriminate process . . .

Read Full Story

Related Posts

Prosecutors audit Puerto Vallarta police station over missing people

Prosecutors audit Puerto Vallarta police station over missing prisoners

Jalisco prosecutors and forensics staff checked Ixtapa custody logs after two missing people were said...
Mexican peso appreciates

Mexican peso closes at 17.58 per dollar, best since mid-2024

The peso ended Monday at 17.58 per dollar, its strongest close since June 2024, as...
Mexico decree makes brands responsible for packaging waste

Mexico decree makes brands responsible for packaging waste

A new federal decree activates Mexico’s circular economy law, forcing producers and importers to plan,...
US military aircraft in Toluca sparks sovereignty debate

US military aircraft in Toluca sparks sovereignty debate

Mexico says a U.S. C-130 landing in Toluca was a preapproved logistics run to take...